President Donald Trump on Sunday said he doesnt want to do business at all with Huawei because it poses a national security threat, as US companies await a decision by the Department of Commerce on whether they can continue to sell technology to the Chinese telecommunications giant. Trump told reporters before he boarded Air Force One in New Jersey on Sunday that it was likely the US would halt business with Huawei at this point in time.
At this moment it looks much more like were not going to do business, Trump said. I dont want to do business at all because it is a national security threat and I really believe that the media has covered it a little bit differently than that. U.S. President Donald Trump speaks to reporters before boarding Air Force One at Morristown Municipal Airport in Morristown Reuters The US Department of Commerce added Huawei to a trade blacklist in May, which prevented the company from buying important parts and components from American companies without US government approval.
It announced days later that it would give a 90-day reprieve on the ban and grant temporary exceptions to Huawei. The 90-day grace period is set to expire on Monday. According to Reuters, the Department of Commerce was expected to extend its reprieve for Huawei that would allow it to buy parts from US companies.
Two sources familiar with the situation told Reuters on Friday that a temporary general license would be extended to Huawei for an additional 90 days. Read more: Intel says its been selling tech to Huawei as the US eases up on the Chinese company Trump did not mention in his comments to press whether the grace period for Huawei would be renewed.
Well see what happens. Im making a decision tomorrow, he added. Trumps statements on Huawei appear in contrast to recent moves taken by his administration to encourage trade between American tech companies and Huawei, which has found itself in the center of trade war negotiations between China and the US.
After meeting with Chinese President Xi Jinping on the sidelines of the G20 summit in June, President Trump said that US firms can resume selling equipment to Huawei. US companies can sell their equipment to Huawei ... theres no great, national emergency problem, Trump told reporters after his meeting.
Read more: Huawei technicians have been helping governments in Uganda and Zambia spy on their political opponents, a new report saysHuawei Founder and CEO Ren Zhengfei. FABRICE COFFRINI/AFP/Getty Images President Trump also recently met with leaders from US tech giants like Google, Cisco, Intel, Qualcomm, Micron, Broadcom,.